CRC increases credit facility commitment to $1.45B, adds new lenders

California Resources Corp

Aggregate elected commitment raised from $1.15B to $1.45B via Seventh Amendment.
Borrowing base confirmed at $1.5B; semi-annual October 2025 redetermination completed.
New lenders added to the facility; existing lenders waived break-funding payments.
Amendment executed October 29, 2025, with Citibank as administrative agent.

item 1.01item 9.01

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